Trade

Russia Yemen

Russia – Yemen 2024 Bilateral Relations: Update

Africa, BRICS, Energy, Investment, Trade

Russia’s Deputy Energy Minister Sergei Mochalnikov and Yemen’s Oil and Minerals Minister Saeed al-Shamasi, co-chairmen of the Russian-Yemeni intergovernmental commission, have been discussed the trade and economic cooperation between the two countries on fuel and energy on the sidelines of the Russian Energy Week. The two sides discussed interaction in industry, agriculture, and modernization of […]

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BRICS Digital

Putin Says BRICS Payment System In Progress, Nasdaq Says Would Disrupt US Dollar and Euro

BRICS, Economy, Finance, Trade

The Russian President Vladimir Putin has been speaking at the Russian Energy Week forum in Moscow, and stated as part of his speech that the BRICS member nations are jointly developing a payment and settlement framework to be used for trading within the group. Putin stressed that supplies of Russian oil and gas to ‘friendly’

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Russia To Start Exporting World’s Biggest Coking Coal Deposits To East Asia From 2025

Energy, Exports, Trade

Russia’s Elginskoye coal deposits are one of the world’s biggest coking coal deposits, with JORC-compliant reserves of about 2.2 billion tonnes. Located in Yakutia, the Elga coal company, which operates the mine, is also building a private, ‘Pacific Railway’ which will start operations in 2025, according to Russian President Vladimir Putin. He was speaking at

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Grain Ship

Russia Expands Baltic Sea Ports Capacity To Reach Emerging African and LatAm Consumer Markets

Infrastructure, Logistics & Transport, Trade

Despite the European Baltic Sea nations closing their operations to Russian shipping – at some cost to their throughput – Russia has been expanding its Baltic Port capacities to meet new markets in Africa and Latin America. This goes hand in hand with Russian plans to boost agricultural exports by 50% by 2030. Russia is

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Russia Equatorial Flags

Russia, Equatorial Guinea Hold Trade Development Talks

Africa, Energy, Trade

The Russian President, Vladimir Putin, has been holding discussions with the President of Equatorial Guinea, Teodoro Obiang Nguema Mbasogo, in Moscow. Equatorial Guineas currently holds the Presidency of the Economic Community of Central African States (ECCAS). The Kremlin said the agenda for the talks “includes prospects for the further development of Russian-Equatoguinean relations in various areas

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Sao Tome Port

Russia Plans Maritime Cooperation With Sao Tome & Principe On The West African Coast

Africa, Infrastructure, Logistics & Transport, Trade

Russia is set to gain access to a key strategic naval port in the West African Atlantic Ocean through a bilateral cooperation agreement with the island nation of Sao Tome and Principe, located off mainland Nigeria, Cameroon and Gabon.   A bill on the issue has been approved by a Russian government commission on legislative activity.

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Has Putin’s “War In Ukraine” Really Failed – As Biden Suggested To The UN?

Economy, Trade

The out-going US President, Joe Biden, gave a speech to the United Nations General Assembly yesterday (September 24) in which he stated that “The good news is Putin’s war has failed at his core aim” and then went on to list achievements, mainly as regards the expansion of NATO and the fact that Ukraine remains a

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